GameStop Stock Hits New 52-Week High (GME)

GameStop (NYSE:GME) hit a new 52-week high Friday as it is currently trading at $42.85, above its previous 52-week high of $42.84 with 507,216 shares traded as of 12:05 p.m. ET. Average volume has been 3.9 million shares over the past 30 days.

NEW YORK ( TheStreet) -- GameStop (NYSE: GME) hit a new 52-week high Friday as it is currently trading at $42.85, above its previous 52-week high of $42.84 with 507,216 shares traded as of 12:05 p.m. ET. Average volume has been 3.9 million shares over the past 30 days.

GameStop has a market cap of $4.96 billion and is part of the services sector and retail industry. Shares are up 68.1% year to date as of the close of trading on Wednesday.

GameStop Corp. operates as a video game retailer.

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TheStreet Ratings rates GameStop as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full GameStop Ratings Report.